France, Italy, Germany, and Spain are the four member states of the European Union with the largest government debts in absolute terms. These countries' debts range from around 1.5 trillion euros for Spain, to closer to three trillion euros for France.
The absolute value of a countries debt can be a misleading indicator, as countries with larger economies and population naturally tend to have larger absolute debt burdens - therefore, to see how capable a country is of servicing or paying off its debt, it is better to look at the ratio of its debt compared to its Gross Domestic Product (GDP).
Total gross consolidated government debt of member states of the European Union in 2022
(in million euros)
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Eurostat. (October 23, 2023). Total gross consolidated government debt of member states of the European Union in 2022 (in million euros) [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1378679/government-debt-eu-gross-government-debt-member-states/
Eurostat. "Total gross consolidated government debt of member states of the European Union in 2022 (in million euros)." Chart. October 23, 2023. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1378679/government-debt-eu-gross-government-debt-member-states/
Eurostat. (2023). Total gross consolidated government debt of member states of the European Union in 2022 (in million euros). Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1378679/government-debt-eu-gross-government-debt-member-states/
Eurostat. "Total Gross Consolidated Government Debt of Member States of The European Union in 2022 (in Million Euros)." Statista, Statista Inc., 23 Oct 2023, https://www.statista.com/statistics/1378679/government-debt-eu-gross-government-debt-member-states/
Eurostat, Total gross consolidated government debt of member states of the European Union in 2022 (in million euros) Statista, https://www.statista.com/statistics/1378679/government-debt-eu-gross-government-debt-member-states/ (last visited December 22, 2024)
Total gross consolidated government debt of member states of the European Union in 2022 (in million euros) [Graph], Eurostat, October 23, 2023. [Online]. Available: https://www.statista.com/statistics/1378679/government-debt-eu-gross-government-debt-member-states/
